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Tradingsystem

Event Defining & Profit Taking StrategyThis is a basic trading strategy using Stop-Limit orders placed on Fibonacci retrace on price action taking place in given "phases" Phases are named "Buy" or "Sell" based on the RSI/Stochastic Oscillators in the chart. On overbought conditions we sell, and on oversold conditions we buy. These conditions trigger "buy" or "sell" phases and we react with stop limits placed from the previous cycles price extreme to the new cycles current price - at the Fibonacci retrace level of 23%. Further I recommend pyramiding your orders on the 38% fib as well. Leaving only 15-20% of the equity on the 23% retrace and 35-40% on the 38% retrace. I am attempting to form a trading strategy which can be automated. This is not a finished product, and I do not recommend trading on this basis blindly. Thanks for looking!
COINBASE:BTCUSD
by blessmywork
29
EUR/USD - Day Trade AnalysisIn this EUR/USD analysis I am using the 15-min time frame. On the monthly and weekly chart for EUR/USD the pair can be seen in a current uptrend. Price may continue to go up from its current point but If I were to enter I would place my entry at retrace a little but the pair looks strong. As a day trading perspective this analysis I would enter this pair at the bottom support zone between 1.2342 and 1.2352. This is a preferable resistance level that fits my strategy; Depending on where I placed the trade I would exit the trade at my take profit zone between 1.2362 and 1.2370. I would only place this trade if the price hit my preferable support zone. If not, I would not enter and appreciate the market for its graceful twists and turns. Happy trading!
Long
by austinlmkc
working on a new system ! working on a new system with ranko would love to have your idea ! it 's day trading system ! The basic are above the 89 ma ( red line on the chart ! ) looking for a long below the red line looking for short , need 2 more criteria before entering , Will need two red brick to enter short and 2 green to enter long , I will need to macd in my direction or at least loosing momentum . rules of exit are as follow will need a brick in the other direction to exit the position , 2 brick if I more than 8 bricks in the money , I would to for you to tell me what you think :) as always don't hesitate to come by our group and drop a hello : www.facebook.com
FX:SPX500
by jeanbaptiste.laurent.94
AK " Follow the Money " [FTM] Indicator and trading system The following trading system uses the rate of change (ROC) between equities and bonds to determine which asset to hold, basically , following the money. The rules are simple : 1. Calculate the 85 day ROC for SPY and TLT 2. If ROC (SPY) > ROC(TLT) --> Buy SPY 3. if ROC(SPY) buy TLT Backtest resutls I coded this in python , and here are the results : Period : 01/03/2003 to 12/31/2014 Slippage : 0.03 cents Total return : 283.6 % Benchmark (SPY): 169.4 % Sharpe : 1.49 MAX DD : 17 % Return: 2003 :17.8% 2004 : 2.5% 2005: 1.3% 2006: 8.6% 2007: 3.9% 2008: 23.6 % 2009:14.4% 2010:16.7% 2011:33.4% 2012: 1 % 2013: 24.9% 2014: 6 % As you can see, the system tends to do very well in bear market, and mix but positive results during bull markets. I use the 85 days because that works for me . you may use a higher are lower number when calculating the ROC. The code for the indicator is extremely simple, and will be posted a few moment. When the background is Green you buy and vice versa when red DISCLAIMER : I do trade an alternative version of this system , but this post is strictly for educational purposes only. . Past performance is no guarantee of future results. DISCLAIMER : if you have any question , leave a comment or PM me , and will try to get back to you as soon as possible. Cheers Algo
AMEX:SPY
by Algokid